In recent years, nature conservation has become a booming business where huge sums of money change hands, and endangered species become exotic financial products. Banking Nature, delves into this hidden world of so-called environmental banking, where huge corporations such as Merrill Lynch and JP Morgan Chase buy up the land and habitat of endangered species, and then sell them in the form of shares. Companies that inevitably harm the environment are then obliged to buy credits to offset the damage that they have caused. In Uganda, we meet men who measure trees to determine how much carbon they store and then a banker from the German firm that sells the resulting carbon credits. In Brazil, the steel giant Vale destroys the rainforest, replaces it with a monocrop tree plantation, and reaps the benefits of environmental credits as if the rainforest was still standing. Banking Nature posits that we disallow the same corporate criminals responsible for the global financial crisis from turning what’s left of the natural world into their final corrupt commodities market.
90% of the consumer products are manufactured overseas, delivered by ship. Likewise with individual supplies, assembly parts, and even transportation oil itself. The shipping industry is the core of the globalised economy. Yet this industry remains largely obscure and unquestioned. As modern ships are too large to fit in traditional city harbours, they’ve moved out of the public eye, behind extensive barriers and security check points. Freightened: The Real Price of Shipping aims to open up this hidden world. What pulls the strings in this multi-billion dollar global business? To what extent does it control policy makers? How does it affect the environment above and below the water-line? And what’s life like for modern seafarers? Through journeys over many oceans, Freightened is an investigation the hidden machinations of globalised shipping, revealing its ubiquitousness but fragility, consequences and future.